Page 1 - MEX Express - Vol 6 Issue 2

Mercantile Exchange Nepal Limited
Invest - Trade - Earn
An ISO 9001:2008 Certified Exchange
KYC: Silver
PAGE 2
From the CEO’s Desk
Iwould gladly like to take this opportunity
to share to all the stakeholders of the
Nepali financial market about the launch of
our new tradable contract of the physically during trading is termed as Trading but when this fear becomes immense, a natural reaction. But on the other
deliverable Silver, the sole purpose of
which is to increase the outreach of silver Psychology. Trading Psychology trader can be prevented from doing hand, a trader should learn to quantify
to all level of the consumers at a fair price. It gives immense
pleasure to observe the positive feedback about the new
product from the overall commodity market.
Continuing the series of good news, the budget of the country,
popularly known as the fiscal policy, has significantly
addressed the regulation issue of the Nepali commodity market.
The budget has announced the regulation of the commodity
exchanges under the supervisory authority, Securities Board
of Nepal (SEBON). To add to the endeavor from our side,
we have been carrying out series of trainings to educate the
people about the commodities market. Several discussion and
interaction program are carried out to address and execute the
needs of the local market conditions.
It is true that it makes a lot of difference when something is
done in a group and not individually. Activities carried out with
a balanced and encouraged state of mind will surely help create
a conducive environment in the Nepali Commodity Market.
Here, I would like to appreciate the significant contribution of
all the associates of the exchange – Clearing Member, Brokers
and Clients for supporting us in these innovative steps to this
market growing. We are aware of the fact that the coming
days would be more challenging for us, complying with the
set of standards that we and the Century Commercial Bank
Limited (CCBL) have created for ourselves to deliver the best
to our customers. We are all prepared and ready to take on the
challenge. We will take on this challenge and as a matter of
fact, MEX Nepal will soon come up with the local products
which will further boost the confidence of our clients in the
niche market.
To conclude, I would only like to mention that MEX Nepal
would not leave a stone unturned in doing the best to provide
the market with new products and latest variety of contracts
which will justify that the Commodity Market has surely to
move ahead and MEX Nepal will surely lead the way with
diligence and innovation. MEX Nepal is always working hard
to promulgate new services for the market.
- Jitesh Surendran
MEX EXPRESS www.facebook.com/mexhome
MEX EXPRESS
A Smart Solution for Online Trading
www.mexnepal.com
MEX News Portal Volume: 6 • Issue: 2 • Year: 2014 A.D
PAGE 3 Market Perspective
PAGE 4
Trading Psychology
The mental state of affairs of a it might be risky. Precisely, fear is an Phenomenon of changing emotion
trader and his response to market emotion that is necessary for a trader, with change of market condition is
comprises of many emotions such as trade that might be essential and right. threats as well as profitability for safe
fear, greed, nervousness, excitement and smooth trading. Traders enter into
et cetera. These all happen because Greed: Greed is simply an excessive market with optimism. If decision
of the differences between the aspiration to make additional profit goes in their favor, it makes them
expectations formed before trading by winning any trade even if this excited or thrilled. But if the market
and the actual outcome of it. Different additional profit might be unrealistic goes the opposite way, it drags them
types of emotions can be seen when too. Investor waits long until last into anxiety, fear and panic. Traders
money is involved in trading. Fear tick to make more and more profit; may come into such mind traps that
and Greed are two major emotions although some times this greed may possibly will lead to misjudgment
and loss. Hence a good trader must
identify, understand and neutralize
them before ruining their trade.
Successful investors manage their
emotions in order to build and retain
confidence in the circumstances of
uncertainty. It is always advisable to
re-evaluate investment tactics and
allow flexibility to predetermine
point of price, and remain normal
while making decisions to modify the
plan of action. Market in motion will
that interfere in trading frequently. ruin even their profit margin and lead obviously create market emotion but
Fear: Fear is a psychological to a loss position. This psychological to administer it skillfully, is a good
trait is not very easy to eliminate trading psychology.
reaction to threat of losing money or however it is manageable if the trader Lakshman Pandit
to prediction of accumulating loss. It follows a disciplined strategy.
prevents us from trading that we think Manager
Business Development
Department
MEX Nepal
www.twitter.com/mexnepal Page 01